863 Parklands Drive

$1,850,000 | Gorge Vale, Esquimalt

863 Parklands Drive, Gorge Vale, Esquimalt

About this House

Prime 0.42-acre development opportunity w/ approved permits to build a duplex at the rear and convert the existing home into another duplex—creating 4 homes. Nestled behind mature trees & set back from the road, this rare gem hits the market for the first time in nearly 30 years.The existing home feat: original hardwood floors & charming mid-century details. Developers can hold & rent the house while finalizing construction plans, maximizing ROI from day one. Alternatively, this is an ideal multi-generational property—offering the space & flexibility for families or groups to create customized living arrangements on one property .South-facing rear yard captures abundant natural light. Located in the heart of Esquimalt with quick access to popular parks, local amenities, shopping, & dining. Enjoy convenient commutes to Downtown Victoria, Saanich, & the West Shore. Don't miss this versatile opportunity, whether you're building your investment portfolio or your family's future.

Interior Features Of 863 Parklands, Gorge Vale, Esquimalt

Ceiling Fan(s)

Lot Features Of 863 Parklands, Gorge Vale, Esquimalt

Curb & Gutter, Private

Listed by Initium Real Estate Ltd..

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Features

  • MLS®: 1031878
  • Type: House
  • Bedrooms: 6
  • Bathrooms: 4
  • Square Feet: 3,686 sqft
  • Lot Size: 18,400 sqft
  • Frontage: 88.00 ft
  • Depth: 210.00 ft
  • Taxes: $8,941.16 (2025)
  • Parking: 6 Driveway, Garage, Garage Double, Open, RV Acce
  • Fireplaces: 1
  • Year Built: 1955